2 Variable Element per Liter $17.00 $ 5.15 $ 1.90 $ 0.70 Fixed lement Actual Total per Month for June $99,540 32,730 $17,900 Revenue Raw materials Wages ities $6,100 5 $ 3,100 points Rent 3,100 Insurance 1,850 1,850 S $ 0.85 Miscellaneous 700 5,800 eBook While gelato is sold by the cone or cup, the shop measures its activity in terms of the total number of liters of gelato sold. For example, wages should be $6,100 plus $1.90 per liter of gelato sold and the actual wages for June were $17,900. Via Gelato expected to sell 6,100 liters in June, but actually sold 6,300 liters. Print Required: Calculate Via Gelato revenue and spending variances for June. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) References Via Gelato Revenue and Spending Variances For the Month Ended June 30 Revenue Expenses: Raw materials Wages Utilities Rent Insurance Miscellaneous Total expense Net operating income